FarEye, a SaaS platform that is enabling digital logistics, has been mentioned as a Representative Vendor in Gartner’s Market Guide for Vehicle Routing & Scheduling. This is the second time that FarEye has been listed in this Market Guide. Previously, Gartner has mentioned FarEye in six other reports.

The Market Guide for
Vehicle Routing & Scheduling includes detailed write-ups and figures for
the 20 vendors surveyed that provides information on the VRS vendors that are
perceived as relevant in the market based on revenue, number of clients, and
end-user interest.

As the battle to win the
last mile intensifies, there is an increasing demand for vehicle routing and
scheduling technologies. Whether businesses manage an in-house fleet or rely
upon a third party to manage their deliveries, these tools help them optimize
operations throughout the supply chain.

There is an increased
need for real-time dynamic technology to help tackle the current challenges of
the transportation industry, such as reduced capacity, driver shortage,
increased traffic congestion and a significant increase in last-mile deliveries.
The VRS market remains fragmented as vendors focus on specific fleets,
industries, and geographies. Only a few vendors, like FarEye, offer a global
solution and support.

“FarEye’s platform
empowers businesses to gain real-time predictive visibility of delivery fleet,
generate accurate ETAs and create sophisticated workflows and reconfigurations
across multiple logistics stakeholders. It helps enterprises reduce logistics
costs, go-to-market faster, address uncertainties quickly and deliver superior
customer experience. Since 2013, FarEye has matured into a well-acknowledged
organization facilitating more than 10 million shipments a day across 20+
countries for more than 150 customers including Tata Steel, Hilti, JK Lakshmi,
DHL, Blue Dart, Walmart etc. We are delighted that FarEye has been positioned
for the second time by Gartner in the Market Guide for Vehicle Routing and
Scheduling,” says Kushal Nahata, CEO & Co-founder,
FarEye.